Updating CANALASKA URANIUM, DOMINO’S PIZZA and VERIGY LTD.

Article Excerpt

CANALASKA URANIUM $0.10 (Toronto symbol CVV; SI Rating: Start-up) (1-800-667-1870; www.canalaska.com; Shares outstanding: 171.6 million; Market cap: $16.3 million; No dividends paid) plans to consolidate its shares on a 1-for-10 basis. That will lower its shares outstanding from about 171.6 million to 17.2 million. Companies typically cut back their shares to make them more attractive to institutional or other large investors who typically avoid stocks that trade for just pennies a share. Consolidations, or reverse stock splits, sometimes hurt investor confidence. They can undermine the value of a given holding by as much as 25%, at least temporarily, even though there is no change in the company’s business or assets. Other times, however, they have little, if any, effect. CanAlaska is still a buy, but for highly aggressive investors only. DOMINO’S PIZZA $14.02 (New York symbol DPZ; SI Rating: Average)(734-930-3030; www.dominos.com; Shares outstanding: 59.2 million; Market cap: $830.1 million; No dividends paid) has opened its first store in Romania — in Bucharest —…